CNBC.com's News Now: The Christmas Eve Trade

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DOW 8468.48 48.99 +0.58% NASDAQ 1524.9 3.36 +0.22% S&P 868.15 4.99 +0.58%   Wednesday, Dec. 24, 2008   WHAT YOU SHOULD KNOW     Outlook '09: Forget Good, Economy Is Bad Or Ugly The big questions for the coming year are how long and deep will the recession be and how it will compare to those of the past....read more     Santa Gives Stocks a Small Christmas Gift Wall Street received a small Christmas gift, as a quiet day of trading ended with stocks mildly positive to put an end to a five-day losing streak...read more     How to Tell the Madoffs From the Buffetts A recent best-selling Warren Buffett biography lists some "key differences" that would have helped investors distinguish Bernard Madoff's alleged fraud from Buffett's proven genius...read more     TODAY'S TOP 5 VIDEOS     1. Positive Picks 2008: First Niagara A look at how First Niagara's stock managed to stay up 26% year-to-date, with John Koelmel, First Niagara CEO     2. Is Rohm Burning? Rohm's deal may still be in jeopardy, reports CNBC's David Faber     3. The Christmas Eve Trade Best ideas to light up your portfolio, with Brent Wilsey, of Wilsey Asset Management, and Gordon Charlop, of Rosenblatt Securities     4. Future Of Banks Many banks don't have enough money to survive in 2009, but mergers will keep their brands alive, said Ralph Silva of TowerGroup.     5. NY Yankee's Spending Spree CNBC's Darren Rovell takes a look at the spending spree of the New York Yankees.     Click here to view all of today's top videos on CNBC.com     CNBC.com BLOG OF THE DAY     What The Yankees Could Buy With $423.5 Million Here's a list of companies the New York Yankees could buy with the $423.5 million they paid for C.C. Sabathia, A.J. Burnett and Mark Teixeira See All CNBC.com Blogs   Watch CNBC live on your desktop. Click here to find out how.   NEWS MARKETS EARNINGS INVESTING VIDEO CNBC TV CNBC PLUS

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